What is the definition of Leasehold estate? | Dictionary.net

LEASEHOLD ESTATE

\lˈiːshə͡ʊld ɪstˈe͡ɪt], \lˈiːshə‍ʊld ɪstˈe‍ɪt], \l_ˈiː_s_h_əʊ_l_d ɪ_s_t_ˈeɪ_t]\

Definitions of LEASEHOLD ESTATE

1910 - Black's Law Dictionary (2nd edition)

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Limited-time, yet exclusive right to enjoy owning and using a land parcel or other asset. Contrast to a freehold estate; it is for an undetermined period.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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